Tag: gdp

Total debt expected to rise to 61.7% of GDP in FY22: Minister

The government on Tuesday informed Parliament that it expects the total debt as percentage of GDP to increase to 61.7 per cent (provisional) in 2021-22...

RBI: Markets see no RBI normalisation till end 2021; GDP trumps inflation worry

NEW DELHI: When the Reserve Bank of India’s Monetary Policy Committee sits down for its bimonthly policy review next week, it will have a few...

Points to know before investing in global funds

How do I go about investing in Global Funds? I am a 32-year-old individual investing in the stock markets for the last 5 years. With...

deutsche bank: Never expect the govt to announce all measures at one go: Kaushik Das, Deutsche Bank

The government has announced support measures over the weekend to help the poor as far as their food requirements are concerned, says Kaushik Das, Director...

India GDP forecast: Barclays cuts India’s FY22 GDP estimate to 9.2% on second wave, slow pace of vaccinations

A British brokerage on Tuesday cut India’s FY22 GDP growth estimate by a sharp 0.80 per cent to 9.2 per cent, saying the economic impact...

Pandemic has household savings jumping to 22.5% of GDP: Report

As people were forced to remain indoors for most of the year due to the lockdowns, there was an unlikely winner in the pandemic-ravaged year...

Fitch affirms BBB- rating, says COVID surge may delay economic recovery

Fitch Ratings on Thursday affirmed ‘BBB-‘ sovereign rating for India, saying the recent surge in coronavirus cases poses increasing downside risks to the FY22 GDP...

RBI’s bond buys helped India during pandemic, Kerala’s public health service has ‘excellent reputation’: UNESCAP

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) on Tuesday attributed India’s wider fiscal deficit to both discretionary measures and...

Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases

With the resurgence of COVID-19 cases posing risks to economic recovery, leading brokerages have downgraded India‘s GDP growth projections for the current fiscal year to...

High frequency indicators point to recovery: RBI

All high frequency indicators point to a recovery based on a revival of consumption, but private investment is lagging despite a growth promoting budget, according...

GDP in positive trajectory a promising sign: India Inc

India Inc on Friday said the recouping of the country’s economy to a positive trajectory in the third quarter is a promising sign as it...

Staying on track amid a pandemic, says Economic Adviser Rajiv Mishra

The Economic Survey chapter on ‘State of the Economy (SOE) 2020-21 – A Macro View’ is a fluent narrative of the Indian economy in a...

Economic survey: Gap between resource availability, requirement pose challenge in NDC implementation: Eco Survey

New Delhi: A huge gap between resource availability and the requirement poses a major challenge in timely implementation of India’s Nationally Determined Contribution (NDC) goals,...

Budget could allocate 12-14% more for spending

NEW DELHI: The government is likely to be less tightfisted with spending in the upcoming budget as it’s keen to support the economic recovery, said...

Follow China, Bangladesh’s cue or try something new? Here’s a budget idea to settle the growth debate

Economic comparisons between India and its bordering countries have generally yielded a fixed hierarchy of the top three rankings in the last couple of years...

Budget 2021: Dear FM, forget the deficit. Spending is the only way out of this crisis

After hesitating for nearly six months, GoI now appears to have decided to speed up spending. Government spending, which had remained flat till September, surged...

GDP may clip at just 6 pc in FY22 if vaccine distribution is delayed: BofA Securities

A delay in COVID-19 vaccine distribution could impact GDP growth prospects in the next fiscal year and the Reserve Bank may cut policy rates by...

Xi Jinping: View: Good riddance to Trump but the real threat to world health, security is Xi Jinping

On January 20, Biden will be sworn in and Trump will join the ranks of former presidents like Obama, George W Bush, Bill Clinton and...

How Nirmala Sitharaman can make Budget 2021 a stepping stone to Modi’s $5-trillion GDP dream

Will the Indian economy cross the $5-trillion mark? It is like asking if the sun will rise tomorrow. The real question is: when? Belying many...

India fiscal deficit could widen to 8.6% in FY21: Nomura

Mumbai: With several statements by finance minister Nirmala Sitharaman hinting towards an expansionary federal budget, brokerage house Nomura on Wednesday forecasted that India’s fiscal deficit...

Un-organised sector suffered more than what Q1 and Q2 data captured: Pronab Sen

Pronab Sen, economist and former chief statistician of India, tells Shantanu Nandan Sharma that use of proxies and surveys for calculating the productivity of informal...

gdp: Why Q2 GDP print should not make govt & RBI complacent

Second quarter GDP data officially confirmed the Indian economy is in a technical recession. The economy contracted by 7.54 per cent in Q2FY21 compared with...

gdp: View: The added burden of taxes, the aspect that went almost unnoticed in Q2 GDP narrative

By the time you read this, you would already have digested the major implications of the latest data on economic growth, released on Friday: the...

India’s economy seen clawing back after slipping into recession

Concern about the depth of India’s recession is slowly being replaced by optimism that a recovery is taking hold. A slew of indicators from car...

Combined fiscal deficit to cross 13%; govt debt to jump over 80% this year: Report

The pandemic-induced growth contraction and additional spending to support the needy amounting to a little over 2 per cent of the economy are likely to...